Masters in Management in Canada

If you want to work in the management field and are looking for ways to advance your career, a Master in Management(MIM) is a promising degree to help you achieve your goals. MIM is starting to become quite a popular choice among international students looking for outstanding work chances, similar to MBA.

A Masters's in Management degree in Canada is a program developed for students who desire to build a name for themselves in leadership positions. It equipped the next generation to be flexible thinkers, well-rounded innovators. It determined to make a big difference in the business management sector of society.

Masters in Management in Canada: Course Highlights

Program

Masters program

Course

Masters in Management

Duration of the Course

9 months - 2 years

Eligibility

A bachelor's degree from a recognized university is required. Some colleges have a minimum GPA requirement, so applicants should double-check.The candidate must achieve the required score on an English language proficiency test such as IELTS, TOEFL, or PTE

A legitimate GRE or GMAT score is required by universities. 

Also, 2 Recommendation Letters (LOR) may be needed. Some institutions may require a minimum of 2-3 years of work experience.

Entrance Exams

GMAT, GRE, TOEFL

Tuition Fees

20.8 lakh (6,300 CAD)

Jobs

Risk Manager, project Manager, management consultant, etc.

Average Salary

150,000 CAD

Why Masters in Management in Canada?

Unlike the MBA in Canada, applicants do not require any prior work experience to participate in this master's program in Canada. Master in Management in Canada has lower tuition rates for international students and a wider choice of post-graduate professional options. Also, over the last decade, there has been a 49 percent growth in the number of master in Management graduates worldwide.

Who Should take Master in Management Courses in Canada?

Canada is an excellent choice for Indian students or any other international student interested in pursuing a master's degree in management while studying abroad. In recent years, Masters in Management Courses have grown in popularity. According to research, the number of MIM graduates has increased by 48% in the last ten years.

TOP Universities for Masters in Management in Canada

University Name

QS World Ranking

City

University of British Columbia 

46

Vancouver 

University of Toronto 

26

Toronto 

McGill University 

27

Montreal

University of Windsor

701

Windsor 

University of Waterloo

149

Waterloo

University of Calgary 

235

Calgary

 

Cost of Studying Masters in Management in Canada

The average annual tuition expense for a Masters in Management at a Canadian university is roughly 55,000 CAD. This is estimated to be 32 lakhs per year for Indian students. These costs can be reduced by applying for one of Canada's several master's degree scholarships.

Tuition Fees

University Name

Program 

Duration 

Tuition fees in INR

University of Toronto

Analytics

10 months

51.36 lakhs

McGill University 

Supply chain management

12 months

25.5 lakhs

University of Windsor 

Human resource management

16 months

33.3 lakhs

University of Manitoba

International finance

12 months

26.4 lakhs

University of British Columbia

Strategic management

9 months

30.7 lakhs

Cost of Living in Canada

Aside from tuition, international students must also consider housing, transportation, meal plans, and other additional expenses. 

The average cost of living in Canada for International students is given below:

Kind of Expenses

Amount in CAD

Accommodation

900

Restaurant meal

25

Health Insurance

150

Transportation

160

Miscellaneous expenses 

300

Eligibility Criteria to Study Masters in Management in Canada

  • A four-year undergraduate degree with a 76 percent average.
  • Applicants will need to submit a GMAT score or a GRE score.
  • IELTS minimum overall score of 7.4 is required.
  • TOEFL minimum overall score of 99 or more.

Exams Required to Study Masters in Management in Canada

University Name

Accepted Exams

Minimum Band Requirement

University of Lethbridge

GMAT

550

University of Manitoba

GMAT

550

HEC Montreal 

GMAT

630 

McGill University 

GMAT

550

Odette School of Business

GMAT

520

Scholarships to Study Masters in Management in Canada

Name of the Scholarship

Details

Eligibility

Amount in CAD

University of Manitoba Graduate Fellowships 

Academic scholarships for brilliance in any field in the University of Manitoba.

Must be an international student 

14000

Asia Top Talent Scholarships

This Scholarship is available at Sauder School of Business, University of British Columbia.

Must be an international student 

35000

Derrick and Lytta Pereira Prize

This scholarship is for international students of the university of Lethbridge.

Must be an international student 

1500

HEC Montreal Scholarship

This scholarship is an entrance Scholarship for international students in HEC Montreal.

Must be an international student 

4000

Jobs after Masters in Management in Canada

For many international students, Canada is a place of opportunity. Multiple sectors of the industry might be chosen for a career after Masters in Management in Canada due to the large range of specialties offered.

Some of the career opportunities after graduating is:

Job Profile

Salary in CAD

Assistant Manager

145,000

Assistant Director 

143,000

Corporate Director

170,000

Chairman of a Board

250,000

Branch Manager

150,000

Business Development manager

170,000

How to Apply for Masters in Management in Canada?

  • Visit university's official website and look over the prerequisite requirements for studying masters in management.
  • Create an account by clicking on your university of choice's application page.
  • On your registered phone number, you will then receive an email or SMS with login details and verification.
  • You should then fill in all your personal information using the login information provided (date of birth, gender name, etc.)
  • The cost of an application typically varies by the university and its location in Canada, and it can be paid through online banking. You can simply select your course and then pay your application fee online.
  • Fill out and submit your application form carefully.
  • It is important to fill in your academic qualifications and any other supporting documentation that may be required of you.
  • Selected students may be invited to participate in a virtual interview by some Universities and colleges. 

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 FAQ

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